The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a negative indicator with a weakening bias over the past 1-month.

The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a negative indicator.

NEW YORK, NY / ACCESSWIRE / November 9, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

Morgan, who named the oil and gas producer Encana to evoke “Energy Canada,” blames the move on Prime Minister Justin Trudeau’s environmental policies, which he has said are making the country irrelevant in the global energy industry. The Newfield deal extends Encana’s reach into the shale fields of Oklahoma.

The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Manulife Financial Corp said it struck ...

TheStreet's sister site The Deal and analysts at Tudor, Pickering, Holt reported an interesting similarity between Oasis' trading valuation and that of Newfield Exploration, which was acquired by Encana ...

Thursday's all-stock deal will give Encana (ECA.N) more acreage in the fast-growing Anadarko basin in Oklahoma, along with its holdings in the U.S. Permian and Eagle Ford basins and Canadian Montney and Duvernay regions. Initial investor reaction was unkind, as U.S. listed shares of Encana fell 16 percent, while Newfield rose 10 percent. Shares of Newfield have struggled all year, in part because investors have been less enthused about its shale properties in the Mid-Continent region in Oklahoma, given the market's preference for the more lucrative Permian region in west Texas.

Canada's Encana Corp will buy Newfield Exploration Co for $5.5 billion, giving the natural gas producer greater access to North America's biggest oilfields, and potentially spurring further deals. Thursday's all-stock deal will give Encana more acreage in the fast-growing Anadarko basin in Oklahoma, along with its holdings in the U.S. Permian and Eagle Ford basins and Canadian Montney and Duvernay regions. Initial investor reaction was unkind, as U.S. listed shares of Encana fell 16 percent, while Newfield rose 10 percent.

The $5.5 billion purchase will give Encana positions in the Stack and Scoop shale fields in Oklahoma, the Bakken region of North Dakota and the Uinta play in Utah, creating North America’s second-largest shale explorer, the companies said in a statement on Thursday. “While we see the strategic and financial merits in the acquisition, we suspect it will take some time for the market to digest this transaction and the addition of a new play to the company’s portfolio,” Chris Cox, an analyst at Raymond James & Associates Inc., said in a note.